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Kona Islander Inn #201 (Kona)

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Photo 1 of 75-5776 Kona Islander Inn #201, Kona
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75-5776 Kona Islander Inn #201, Kona

Description
This is a leasehold property. Island-Style Studio with Pool View in the Heart of Kailua-Kona – Active Vacation Rental

Welcome to Kona Islander Inn Unit 201, a cozy studio unit with a private lanai overlooking the pool and tropical landscaping—perfect for enjoying Kona’s breezes. This leasehold unit is being sold turnkey and is currently an active short-term vacation rental with a strong rental history and future bookings in place.

Inside, you’ll find island-style furnishings, a queen bed, TV, AC, and a seating area for relaxing after a beach day. The kitchenette includes a full-size fridge, microwave, and coffee machine. Step outside onto your lanai, complete with a bar-height table and beach gear (chairs, boogie board, beach tent, and cooler)—ready for guest enjoyment.

The Kona Islander Inn offers tropical grounds and resort-style amenities including a pool, hot tub, BBQ area, on-site laundry with key card access, and front desk check-in services. Parking is first-come, first-served. Located along vibrant Alii Drive, you’re just a short stroll to beaches, Kailua Pier, restaurants, and shops.

Monthly maintenance fees include water, electricity, basic cable, trash, and high-speed internet—making your fixed costs predictable.

The lease ends in 2079 with renegotiation scheduled for 2029. Don’t miss this opportunity to own a successful vacation rental or personal getaway in the heart of Kailua-Kona!
Past Activity
  • Jul 30, 2025 Sold for $195,000
  • Jul 09, 2025 Under Contract
  • Jun 21, 2025 Listed at $205,000
More Details
  • Owner, Tax & Resale History
  • HOA Fees / ft²: $3.46
  • Price / ft²: $524
  • Zoning: V-.75
  • Security Features: Smoke Detector(s)
  • Amenities: Microwave, Refrigerator
  • TMK: 3750080030012
  • Tax Assessed Value: $228,400
  • Courtesy: COMPASS / 8083653528
  • MLS: 721603
About Kona Islander Inn
  • Address: 75-5776 Kuakini Hwy, Kailua-Kona, HI 96740.
     
  • Built: 1969, 145 Studio & 1BR Units in 7 3-Story Buildings on 2.35 Acres.
     
  • Amenities: Pool, Hot Tub.
     
  • Short-term Vacation Renting: Allowed.
     
  • Developer: Kona Islander Inn Corp.

The Kona Islander Inn is just across the street from Kalaepaakai Beach, with only 50 yards between the condos closest to Alii Dr and the ocean waters.

The studio and one bedroom condos have interiors of 342 to 529 Sq Ft with one covered lanai on the outside. There are only two one bedroom floor  ..... Read more.


MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 08, 2025.
Other Kona Islander Inn Listings
Leasehold
$204,000
Kona Islander Inn #123
Studio | 1 Ba
372 ft²
Leasehold
$199,000
Kona Islander Inn #305
Studio | 1 Ba
372 ft²
Leasehold
$215,000
Kona Islander Inn #335
Studio | 1 Ba
372 ft²
Leasehold
$216,000
Kona Islander Inn #339
Studio | 1 Ba
372 ft²
Other Big Island Condos
Hilo
$209,000
Waiakea Villas #8283
Studio | 1 Ba
380 ft²
Hilo
$225,000
Orchid Manor Hilo #330
Studio | 1 Ba
496 ft²
Hilo
$225,000
Kalani Condominiums #206
2 Bds | 1 Ba
720 ft²
Hilo
$185,000
Hilo Terrace #241
2 Bds | 1 Ba
695 ft²
Hilo
$179,000
Puueo Villa #4
2 Bds | 1 Ba
660 ft²
Hilo
$237,000
Lagoon View Apartments #A3
1 Bd | 1 Ba
448 ft²
  • Sold 7/30/25 at $195,000
    (List Price: $205,000)
Description
This is a leasehold property. Island-Style Studio with Pool View in the Heart of Kailua-Kona – Active Vacation Rental

Welcome to Kona Islander Inn Unit 201, a cozy studio unit with a private lanai overlooking the pool and tropical landscaping—perfect for enjoying Kona’s breezes. This leasehold unit is being sold turnkey and is currently an active short-term vacation rental with a strong rental history and future bookings in place.

Inside, you’ll find island-style furnishings, a queen bed, TV, AC, and a seating area for relaxing after a beach day. The kitchenette includes a full-size fridge, microwave, and coffee machine. Step outside onto your lanai, complete with a bar-height table and beach gear (chairs, boogie board, beach tent, and cooler)—ready for guest enjoyment.

The Kona Islander Inn offers tropical grounds and resort-style amenities including a pool, hot tub, BBQ area, on-site laundry with key card access, and front desk check-in services. Parking is first-come, first-served. Located along vibrant Alii Drive, you’re just a short stroll to beaches, Kailua Pier, restaurants, and shops.

Monthly maintenance fees include water, electricity, basic cable, trash, and high-speed internet—making your fixed costs predictable.

The lease ends in 2079 with renegotiation scheduled for 2029. Don’t miss this opportunity to own a successful vacation rental or personal getaway in the heart of Kailua-Kona!
    MLS properties and information provided herein is deemed reliable but is not guaranteed by the Hawaii Information Service, Inc. Listing Service. © 2025 Hawaii Information Service. All Rights Reserved. This website is for personal, non-commercial use only. Listings last updated on December 08, 2025.
    • Jul 30, 2025 Sold for $195,000
    • Jul 09, 2025 Under Contract
    • Jun 21, 2025 Listed at $205,000
    • Address: 75-5776 Kuakini Hwy, Kailua-Kona, HI 96740.
       
    • Built: 1969, 145 Studio & 1BR Units in 7 3-Story Buildings on 2.35 Acres.
       
    • Amenities: Pool, Hot Tub.
       
    • Short-term Vacation Renting: Allowed.
       
    • Developer: Kona Islander Inn Corp.

    The Kona Islander Inn is just across the street from Kalaepaakai Beach, with only 50 yards between the condos closest to Alii Dr and the ocean waters.

    The studio and one bedroom condos have interiors of 342 to 529 Sq Ft with one covered lanai on the outside. There are only two one bedroom floor  ..... Read more.


    Other Kona Islander Inn Listings
    Leasehold
    $204,000
    Kona Islander Inn #123
    Studio | 1 Ba
    372 ft²
    Leasehold
    $199,000
    Kona Islander Inn #305
    Studio | 1 Ba
    372 ft²
    Leasehold
    $215,000
    Kona Islander Inn #335
    Studio | 1 Ba
    372 ft²
    Leasehold
    $216,000
    Kona Islander Inn #339
    Studio | 1 Ba
    372 ft²
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. The sale may be subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, our network of agents can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn about property tax rates.